ETH OVERALL DIRECTION
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
As we can see price is still trading inside this falling channel making clean lower lows and lower highs as well
However, price recently rejected our support zone, and traded higher,
Specially after breaking above the marked major highs and previous lows.
However, as we mentioned price is still overall bearish, and as the price will be approaching our upper falling trendline, then we will be looking for new bearish movements as a Trend-following sell setup
Unless price managed to break above, then a movement higher would be expected till the upper resistance zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
As we can see price is still trading inside this falling channel making clean lower lows and lower highs as well
However, price recently rejected our support zone, and traded higher,
Specially after breaking above the marked major highs and previous lows.
However, as we mentioned price is still overall bearish, and as the price will be approaching our upper falling trendline, then we will be looking for new bearish movements as a Trend-following sell setup
Unless price managed to break above, then a movement higher would be expected till the upper resistance zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.